UpworkUPWK

13F holders, Q3 2025 (September 30)
276holders +8
47new positions
37sold out
10famous investors
$18.57avg. 13F price*

At the end of Q3 2025, 276 institutions reported holding Upwork Inc. (UPWK) in their 13F filings, up 8 from Q2 2025. 47 opened new positions and 37 sold out. The largest holders were Vanguard Group Inc. ($272.4M), T. Rowe Price Associates Inc. ($247.7M) and BlackRock, Inc. ($214.4M). 10 famous investors held it, including Ray Dalio (0.0% of Bridgewater Associates's portfolio), Lee Ainslie (0.0% of Maverick Capital's portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).

Company
Upwork Inc.
CUSIP
91688F104
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400 Q1 2024: 250Q1 2024Q2 2024: 250Q2 2024Q3 2024: 220Q3 2024Q4 2024: 253Q4 2024Q1 2025: 278Q1 2025Q2 2025: 268Q2 2025Q3 2025: 276Q3 2025Q4 2025: 305Q4 2025Q1 2026: 292Q1 2026Q2 2026: 297Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions47$131.4M
Exits37$22.3M

All 13F filers, Q2 2025 → Q3 2025: 20,240,042 shares bought and 15,397,056 shares sold, net +4,842,986 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 276 holders

Vanguard Group Inc. 0.00% Reduce -2.6% 14,666,762 $272.4M
T. Rowe Price Associates Inc. 0.03% Add +0.2% 13,337,407 $247.7M
BlackRock, Inc. 0.00% Add +18.5% 11,544,792 $214.4M
LSV Asset Management 0.27% Reduce -0.3% 6,513,375 $121.0M
Morgan Stanley 0.01% Add +1.2% 4,769,035 $88.6M
Ancient Art, L.P. 19.05% Add +13.1% 4,268,667 $79.3M
Goldman Sachs Group Inc. 0.01% Add +31.8% 3,622,505 $67.3M
Geode Capital Management, LLC 0.00% Add +3.0% 3,085,118 $57.3M
Invesco Ltd. 0.01% Add +5.2% 3,009,334 $55.9M
State Street Corp. 0.00% Reduce -0.4% 2,981,024 $55.4M
Dimensional Fund Advisors LP 0.01% Add +2.6% 2,828,735 $52.5M
Capital International Investors 0.01% Reduce -40.1% 2,388,542 $44.4M
Boston Partners 0.04% Add +785.7% 2,322,575 $43.0M
Allianz Asset Management GmbH 0.04% Add +93.7% 1,862,153 $34.6M
Renaissance Technologies 0.04% Reduce -35.3% 1,802,715 $33.5M
Nuveen, LLC 0.01% Add +55.8% 1,798,201 $33.4M
Balyasny Asset Management L.P. 0.07% Add +97.1% 1,753,332 $32.6M
Two Sigma Investments, LP 0.04% Reduce -37.9% 1,484,084 $27.6M
Invenomic Capital Management LP 1.30% New 1,334,541 $24.8M
Bank of America Corp. 0.00% Add +71.7% 1,288,926 $23.9M
Northern Trust Corp. 0.00% Add +0.3% 1,195,219 $22.2M
Baillie Gifford & Co. 0.02% Reduce -33.0% 1,178,263 $21.9M
Charles Schwab Investment Management Inc. 0.00% Add +7.3% 1,091,656 $20.3M
Arrowstreet Capital, Limited Partnership 0.01% Add +2.0% 1,043,838 $19.4M
Fiera Capital Corp 0.06% Reduce -2.2% 1,041,900 $19.3M
Barclays PLC 0.01% Add +165.8% 928,046 $17.2M
Citadel Advisors 0.01% Add +174.8% 820,785 $15.2M
J. Goldman & Co LP 0.54% New 769,747 $14.3M
American Century Companies Inc. 0.01% Add +103.5% 691,429 $12.8M
Bridgewater Associates 0.05% New 641,059 $11.9M
Wellington Management Group LLP 0.00% New 639,006 $11.9M
Squarepoint Ops LLC 0.02% Add +88.8% 611,165 $11.3M
Millennium Management 0.01% Reduce -69.8% 572,871 $10.6M
Assenagon Asset Management S.A. 0.01% Add +5.4% 537,261 $10.0M
Cubist Systematic Strategies, LLC 0.14% Add +20.2% 532,144 $9.9M
Pacer Advisors, Inc. 0.03% Reduce -21.4% 528,311 $9.8M
Point72 Asset Management 0.02% New 518,954 $9.6M
Jupiter Asset Management Ltd. 0.08% Add +219.0% 507,077 $9.4M
Hillsdale Investment Management Inc. 0.28% Add +12.4% 505,300 $9.4M
Grandeur Peak Global Advisors, LLC 1.25% Add +8.6% 503,662 $9.4M
Kent Lake PR LLC 4.75% New 500,000 $9.3M
Polar Asset Management Partners Inc. 0.26% New 481,772 $8.9M
Royal Bank of Canada 0.00% Add +107.2% 455,126 $8.5M
UBS Group AG 0.00% Add +49.0% 454,686 $8.4M
Kestrel Investment Management Corp. 4.72% No change 451,000 $8.4M
Two Sigma Advisers, LP 0.02% Reduce -61.0% 443,311 $8.2M
Bank of New York Mellon Corp 0.00% Add +2.8% 428,747 $8.0M
Jane Street Group, LLC 0.01% Reduce -64.5% 415,729 $7.7M
SkyView Investment Advisors, LLC 0.94% Add +3.4% 402,394 $7.5M
Portolan Capital Management, LLC 0.40% New 393,929 $7.3M
Financial Gravity Asset Management, Inc. 1.43% — 391,310 $7.3M
Acadian Asset Management LLC 0.01% Reduce -53.3% 382,750 $7.1M
Danske Bank A/S 0.02% Add +13.2% 375,202 $7.0M
Circumference Group LLC 8.18% Reduce -8.5% 375,000 $7.0M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% Add +20.2% 369,980 $6.9M
Alliancebernstein L.P. 0.00% Reduce -8.6% 349,069 $6.5M
Capital Fund Management S.A. 0.06% Add +72.9% 320,317 $5.9M
King Luther Capital Management Corp. 0.02% Add +19.4% 316,077 $5.9M
Susquehanna International Group, LLP 0.01% Reduce -10.3% 305,943 $5.7M
AQR Capital Management 0.00% Add +208.4% 300,904 $5.6M
New York State Common Retirement Fund 0.01% No change 297,995 $5.5M
Ameriprise Financial Inc. 0.00% Add +3.4% 288,417 $5.4M
D. E. Shaw & Co. 0.00% Add +202.9% 280,856 $5.2M
Franklin Resources Inc. 0.00% Add +16.3% 274,532 $5.1M
Qube Research & Technologies Ltd 0.01% Reduce -73.8% 271,857 $5.0M
Globeflex Capital L P 0.77% No change 269,640 $5.0M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -46.3% 269,473 $5.0M
OneDigital Investment Advisors LLC 0.05% Reduce -1.9% 268,400 $5.0M
State of Wisconsin Investment Board 0.01% Reduce -5.7% 267,303 $5.0M
ExodusPoint Capital Management, LP 0.07% Add +845.9% 267,268 $5.0M
Concentric Capital Strategies, LP 0.23% New 257,306 $4.8M
Nordea Investment Management AB 0.00% Add +3.1% 246,565 $4.6M
Swiss National Bank 0.00% Reduce -1.9% 242,400 $4.5M
Algert Global LLC 0.07% Add +384.4% 236,020 $4.4M
Principal Financial Group Inc. 0.00% Add +34.4% 230,352 $4.3M
Gotham Asset Management 0.02% Add +11.9% 222,162 $4.1M
Informed Momentum Co LLC 0.47% New 224,598 $4.1M
Man Group plc 0.01% Add +7.3% 208,810 $3.9M
Penserra Capital Management LLC 0.05% Reduce -2.8% 206,609 $3.8M
Trexquant Investment LP 0.04% Reduce -20.7% 204,041 $3.8M
Robeco Institutional Asset Management B.V. 0.01% Add +13.7% 195,466 $3.6M
Voloridge Investment Management, LLC 0.01% Reduce -72.4% 193,768 $3.6M
Marshall Wace, LLP 0.00% Add +22.3% 192,830 $3.6M
JPMorgan Chase & Co. 0.00% Reduce -19.2% 187,838 $3.5M
Rhumbline Advisers 0.00% Reduce -3.4% 186,616 $3.5M
Maverick Capital 0.05% New 184,755 $3.4M
First Trust Advisors LP 0.00% Reduce -40.9% 183,893 $3.4M
Schonfeld Strategic Advisors LLC 0.02% Reduce -39.9% 182,927 $3.4M
Victory Capital Management Inc. 0.00% Add +25.9% 179,613 $3.3M
Wells Fargo & Company 0.00% Reduce -15.1% 177,107 $3.3M
Alternative Investment Advisors, LLC. 1.37% New 161,997 $3.0M
Divisadero Street Capital Management, LP 0.14% No change 158,125 $2.9M
Legal & General Group Plc 0.00% Reduce -5.8% 146,803 $2.7M
Ruffer LLP 0.15% New 146,239 $2.7M
Aquatic Capital Management LLC 0.05% Add +49.6% 141,920 $2.6M
Essex Investment Management Co. LLC 0.39% Add +3.3% 138,628 $2.6M
Los Angeles Capital Management LLC 0.01% Reduce -2.4% 136,981 $2.5M
State of Wyoming 0.28% Reduce -4.7% 130,657 $2.4M
Deutsche Bank AG 0.00% Add +10.4% 118,845 $2.2M
California State Teachers Retirement System 0.00% Add +0.0% 115,865 $2.2M
OMERS ADMINISTRATION Corp 0.02% No change 115,300 $2.1M
AXA Investment Managers S.A. 0.01% — 111,813 $2.1M
Hussman Strategic Advisors, Inc. 0.42% Add +25.0% 105,000 $1.9M
First Pacific Advisors, LP 0.03% No change 104,881 $1.9M
Cary Street Partners Financial LLC 0.05% Add +0.2% 102,920 $1.9M
Sei Investments Co. 0.00% Reduce -64.2% 100,032 $1.9M
Segall Bryant & Hamill, LLC 0.02% New 95,183 $1.8M
SG Americas Securities, LLC 0.01% Add +45.8% 93,781 $1.7M
Edgestream Partners, L.P. 0.05% Reduce -47.1% 93,346 $1.7M
Envestnet Asset Management Inc. 0.00% Reduce -3.0% 92,999 $1.7M
Fox Run Management, L.L.C. 0.27% Add +101.2% 92,698 $1.7M
Bailard, Inc. 0.04% Reduce -6.9% 89,872 $1.7M
Picton Mahoney Asset Management 0.02% New 88,764 $1.6M
Citigroup Inc. 0.00% Reduce -4.3% 82,332 $1.5M
Stifel Financial Corp. 0.00% Reduce -1.5% 79,301 $1.5M
Verition Fund Management LLC 0.01% Reduce -92.1% 79,279 $1.5M
Capstone Investment Advisors, LLC 0.02% New 78,646 $1.5M
Elo Mutual Pension Insurance Co 0.02% Reduce -18.8% 76,377 $1.4M
BNP Paribas Financial Markets 0.00% Add +96.8% 76,356 $1.4M
Cerity Partners LLC 0.00% Add +12.4% 76,095 $1.4M
MetLife Investment Management, LLC 0.01% Reduce -2.0% 73,409 $1.4M
Empowered Funds, LLC 0.01% New 69,766 $1.3M
Teacher Retirement System of Texas 0.01% Add +3.5% 69,010 $1.3M
Gsa Capital Partners LLP 0.11% Reduce -42.3% 68,042 $1.3M
Integrated Quantitative Investments LLC 0.34% New 63,839 $1.2M
Manufacturers Life Insurance Company, The 0.00% Reduce -6.0% 61,451 $1.1M
Simplex Trading, LLC 0.02% Reduce -12.2% 60,202 $1.1M
Janus Henderson Group PLC 0.00% No change 59,070 $1.1M
Landscape Capital Management, L.L.C. 0.07% New 58,666 $1.1M
Osaic Holdings, Inc. 0.00% Add +851.5% 68,825 $1.1M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -16.5% 56,942 $1.1M
Bridgefront Capital, LLC 0.30% New 54,326 $1.0M
Inspire Investing, LLC 0.10% Reduce -13.9% 54,297 $1.0M
GMO 0.00% Add +70.1% 51,365 $954K
Parallax Volatility Advisers, L.P. 0.03% Add +52.9% 51,248 $952K
AlphaQuest LLC 0.06% Add +94.2% 50,326 $935K
Intech Investment Management LLC 0.01% Reduce -32.6% 49,290 $915K
Teachers Retirement System of the State of Kentucky 0.01% New 47,399 $880K
CANADA LIFE ASSURANCE Co 0.00% No change 45,706 $868K
Aviance Capital Partners, LLC 0.10% Add +0.7% 46,413 $862K
Corient Private Wealth LP 0.00% Reduce -42.4% 46,244 $859K
Lazard Asset Management LLC 0.00% Add +3.0% 45,381 $843K
Amundi 0.00% Reduce -12.7% 47,896 $833K
Legato Capital Management LLC 0.08% No change 40,168 $746K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Reduce -1.2% 39,969 $742K
Assetmark, Inc. 0.00% Add +0.7% 39,942 $742K
Jump Financial, LLC 0.01% New 38,773 $720K
State Board of Administration of Florida Retirement System 0.00% No change 38,118 $708K
Smith Group Asset Management, LLC 0.04% Add +3.1% 38,030 $706K
Quantbot Technologies LP 0.02% Reduce -55.2% 37,835 $703K
Arizona State Retirement System 0.00% Reduce -1.5% 36,980 $687K
Creative Planning 0.00% Add +23.2% 36,035 $669K
Orion Porfolio Solutions, LLC 0.01% Reduce -2.7% 34,816 $647K
Police & Firemen's Retirement System of New Jersey 0.01% Add +25.5% 34,512 $641K
PEAK6 LLC 0.02% Add +161.0% 34,417 $639K
Walleye Capital LLC 0.01% New 33,729 $626K
Straightline Group LLC 0.36% Add +3.1% 38,302 $617K
Mercer Global Advisors Inc. 0.00% New 31,550 $586K
Handelsbanken Fonder AB 0.00% No change 31,500 $585K
Synergy Financial Group, LTD 0.39% No change 31,033 $576K
Group One Trading LLC 0.02% New 29,800 $553K
Prudential Financial Inc. 0.00% Add +31.1% 29,262 $543K
Aviva PLC 0.00% Reduce -8.8% 28,847 $536K
Harbor Capital Advisors, Inc. 0.04% Add +11.0% 27,751 $515K
Jennison Associates LLC 0.00% Reduce -48.3% 27,394 $509K
Alps Advisors Inc. 0.00% Reduce -4.0% 27,045 $502K
Commonwealth Equity Services, LLC 0.00% Reduce -3.5% 27,010 $502K
HSBC Holdings PLC 0.00% Reduce -41.5% 26,730 $493K
Bayesian Capital Management, LP 0.10% Reduce -50.4% 26,450 $491K
KLP Kapitalforvaltning As 0.00% No change 25,600 $475K
Campbell & CO Investment Adviser LLC 0.03% Reduce -90.2% 24,516 $455K
Raymond James Financial Inc. 0.00% Add +4.0% 24,004 $446K
O'Brien Wealth Partners LLC 0.06% No change 23,571 $438K
Voya Investment Management LLC 0.00% Reduce -34.1% 22,526 $418K
Focus Partners Wealth 0.00% Add +0.1% 22,100 $410K
Yorktown Management & Research Co Inc 0.32% New 21,900 $407K
Sterling Capital Management LLC 0.01% Reduce -0.0% 21,688 $403K
ProShare Advisors LLC 0.00% Reduce -17.5% 21,043 $391K
Graham Capital Management, L.P. 0.02% Reduce -84.1% 20,031 $372K
LPL Financial LLC 0.00% Reduce -7.0% 19,816 $368K
Versor Investments LP 0.07% New 19,100 $355K
Pictet Asset Management Holding SA 0.00% No change 17,843 $331K
Cetera Investment Advisers 0.00% Add +2.6% 16,782 $312K
Russell Investments Group, Ltd. 0.00% Reduce -1.2% 15,664 $291K
Quantinno Capital Management LP 0.00% Reduce -10.6% 15,079 $280K
Cornerstone Investment Partners, LLC 0.01% Reduce -6.9% 14,453 $268K
Thrivent Financial for Lutherans 0.00% New 14,406 $268K
Wolverine Trading, LLC 0.01% Reduce -45.1% 13,994 $266K
Point72 Asia (Singapore) Pte. Ltd. 0.04% Add +494.6% 14,085 $262K
Caption Management, LLC 0.02% New 13,700 $254K
Ethic Inc. 0.00% Reduce -6.7% 13,433 $249K
Public Employees Retirement Association of Colorado 0.00% No change 13,354 $248K
DRW Securities, LLC 0.01% New 13,172 $244K
CIBC Bancorp USA Inc. 0.00% — 13,119 $244K
XTX Topco Ltd 0.01% Reduce -77.3% 12,952 $241K
FMR LLC 0.00% Add +0.3% 12,426 $231K
Aster Capital Management (DIFC) Ltd 0.11% Add +2061.1% 11,497 $213K
Polen Capital Management LLC 0.00% New 11,384 $211K
New York State Teachers Retirement System 0.00% No change 11,311 $210K
Cache Advisors, LLC 0.04% Reduce -86.4% 11,000 $204K
Mariner, LLC 0.00% New 10,998 $204K
Snowden Capital Advisors LLC 0.01% Reduce -1.3% 10,967 $204K
Mindset Wealth Management, LLC 0.05% New 10,816 $201K
Oppenheimer Asset Management Inc. 0.00% Add +4.2% 10,479 $195K
Ameritas Investment Partners, Inc. 0.01% Reduce -20.6% 10,282 $191K
SeaCrest Wealth Management, LLC 0.02% Reduce -7.4% 10,000 $179K
Cwm, LLC 0.00% Add +119.8% 7,622 $142K
State of Alaska, Department of Revenue 0.00% New 6,315 $117K
EverSource Wealth Advisors, LLC 0.00% Add +77.9% 6,232 $116K
Capula Management Ltd 0.00% New 5,853 $109K
SBI Securities Co., Ltd. 0.00% Add +35.0% 5,416 $101K
KBC Group NV 0.00% No change 4,424 $82K
Parkside Financial Bank & Trust 0.01% Add +10418.0% 4,102 $76K
Amalgamated Bank 0.00% Reduce -9.6% 3,987 $74K
US Bancorp \de 0.00% Reduce -82.8% 3,969 $74K
IFP Advisors, Inc 0.00% Add +5.9% 3,966 $74K
Canada Pension Plan Investment Board 0.00% Reduce -19.1% 3,400 $63K
EMC Capital Management 0.03% No change 3,345 $62K
Tower Research Capital LLC (TRC) 0.00% Reduce -81.8% 2,549 $47K
LRI Investments, LLC 0.00% No change 2,528 $47K
Lanark Financial, Inc. 0.00% New 2,432 $45K
Shell Asset Management Co. 0.00% Reduce -64.1% 2,361 $44K
Point72 Europe (London) LLP 0.00% New 2,239 $42K
Nisa Investment Advisors, LLC 0.00% No change 2,113 $39K
PNC Financial Services Group, Inc. 0.00% Reduce -6.1% 2,016 $37K
Comerica Bank 0.00% Reduce -1.5% 1,930 $36K
Federation des caisses Desjardins du Quebec 0.00% No change 1,842 $34K
Fifth Third Bancorp 0.00% Add +2405.7% 1,754 $33K
Leonteq Securities AG 0.00% Reduce -41.2% 1,662 $31K
Financial Management Professionals, Inc. 0.00% Reduce -23.7% 1,580 $29K
Parallel Advisors, LLC 0.00% Add +0.5% 1,489 $28K
Clearstead Advisors, LLC 0.00% Add +998.4% 1,406 $26K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Add +3.1% 1,354 $25K
Bell Investment Advisors, Inc 0.00% Reduce -5.0% 1,264 $23K
Quadrant Capital Group LLC 0.00% New 1,200 $22K
Quarry LP 0.01% Reduce -72.5% 1,161 $22K
Advisory Services Network, LLC 0.00% New 799 $15K
Signaturefd, LLC 0.00% Reduce -35.8% 758 $14K
Covestor Ltd 0.01% Add +435.6% 723 $14K
T. Rowe Price Investment Management, Inc. 0.00% Reduce -100.0% 726 $14K
Jones Financial Companies LLLP 0.00% Reduce -30.0% 700 $13K
Versant Capital Management, Inc 0.00% Reduce -41.8% 710 $13K
Smartleaf Asset Management LLC 0.00% Add +331.5% 617 $12K
Arax Advisory Partners 0.00% New 593 $11K
Point72 Hong Kong Ltd 0.00% Reduce -98.2% 537 $10K
GPS Wealth Strategies Group, LLC 0.00% New 485 $9K
Optiver Holding B.V. 0.00% Add +181.6% 459 $9K
GAMMA Investing LLC 0.00% Add +47.1% 384 $7K
Allworth Financial LP 0.00% Add +336.5% 371 $7K
Rockefeller Capital Management L.P. 0.00% New 352 $7K
Harbour Investments, Inc. 0.00% No change 327 $6K
Essential Partners LLC 0.00% Add +317.3% 313 $6K
Steward Partners Investment Advisory, LLC 0.00% No change 295 $5K
C M Bidwell & Associates Ltd. 0.00% No change 251 $5K
Whittier Trust Co. 0.00% New 262 $5K
Rothschild Investment LLC 0.00% Reduce -8.9% 205 $4K
Larson Financial Group LLC 0.00% Reduce -8.7% 200 $4K
Huntington National Bank 0.00% No change 200 $4K
Farther Finance Advisors, LLC 0.00% Reduce -57.4% 196 $4K
Brown Brothers Harriman & Co. 0.00% No change 169 $3K
Principal Securities, Inc. 0.00% No change 162 $3K
Private Wealth Management Group, LLC 0.00% No change 158 $3K
Wealthspire Advisors, LLC 0.00% New 150 $3K
Eastern Bank 0.00% No change 100 $2K
Medallion Wealth Advisors, LLC 0.00% No change 99 $2K
True Wealth Design, LLC 0.00% Reduce -42.3% 97 $2K
MassMutual Private Wealth & Trust, FSB 0.00% No change 86 $2K
Cape Investment Advisory, Inc. 0.00% No change 78 $1K
Whittier Trust Co. of Nevada Inc. 0.00% No change 71 $1K
WealthCollab, LLC 0.00% New 53 $985
National Bank of Canada 0.00% Add +188.9% 52 $966
Park Place Capital Corp 0.00% No change 44 $817
Bruce G. Allen Investments, LLC 0.00% New 41 $761
TD Private Client Wealth LLC 0.00% New 33 $613
Accredited Wealth Management, LLC 0.00% Add +5280.0% 1,345 $465
NewEdge Advisors, LLC 0.00% Reduce -99.3% 15 $279

"% of holder's portfolio" is UPWK's weight in each manager's 13F, not the share of Upwork Inc. the manager owns.